Logitech — Q2 Fiscal Year 2027 Earnings Summary

Logitech reported second-quarter fiscal 2027 sales of $1.22 billion, representing a 3% increase in US dollars and a 2% increase in constant currency compared to the prior year. The company achieved a GAAP gross margin of 44.9% and GAAP earnings per share of $1.25, while returning $406 million to shareholders through dividends and share repurchases. Despite an eleventh consecutive quarter of growth driven by the Americas, Video Collaboration, and Gaming segments, the company faces a temporary supply constraint from a semiconductor supplier that is expected to impact third-quarter sales by $70 to $80 million. Logitech forecasts Q3 net sales to decline between 0% and 5% in constant currency as the supplier facility ramps up production to full capacity by the end of the calendar year.